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Tuesday, July 22, 2008

PRESS RELEASE: WOCCU Releases Technical Guide on Credit Union Regulation and Supervision

» Posted by MicroCapital Team in Category: Interest Rates, Transparency at 11:40 pm

Source: Microfinance Gateway.

Original press release available here.

WASHINGTON, July 22 - The World Council of Credit Unions (WOCCU) has released a technical guide on credit union regulation and supervision. Authored by Branch, B. and Grace, D., the guide discusses:

* Core principles underlying credit union supervision;
* WOCCU jurisdictions and credit union specific laws;
* Key elements of credit union legislation;
* International credit union safety and soundness principles;
* Implications of Basel II for credit unions and
* Best practices from both mature and developing credit union systems.

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